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On the 12th day of #techmas @badassebs sent to me, 12 Commerce Concepts

The times they are a-changin’.

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On the 12th day of #techmas @badassebs sent to me, 12 Commerce Concepts

Diversity is not simply about alloing different voices. It is about having each speaker understand the conversation or there is discord. I put together a list of core business concepts and links simply as an intro to business discussions. There is much more to the realm of possible dicussions, concepts such as scale, and trickle down and impact…

1- Concept development – There is what you sell “Product service or merchandise”, and how you go about extracting value, and the logistics of doing so – business model/canvass. Often tech startups focus on business model at the expense of tangible product, or logistical planning. In teh diversity discussion it is ofeten about a more modern approach to thinking. The following is a list of concepts I often stop to explain or introduce and articles links by others on them

Even the best marketed and supported can and have fallen short on effective consumer development! Customer Development is a four-step framework developed by serial entrepreneur and business school Professor Steve Blank for discovering and validating the right market for your idea, building the right product features that solve customers’ needs, testing the correct model and tactics for acquiring and converting … What is Customer Development? | Market By Numbers http://market-by-numbers.com/customer-development/

Collaboration and collective efforts are often confused by those not familiar with both terms, but they are not similar and they are two distinctly different efforts. Collaboration is people working together (often with a common goal) to build one thing (think wiki page with one understanding). Collective efforts are the aggregation of people’s individual efforts, sometimes in the same service, but do not have common goal or common effort (del.icio.us page for a URL is the collective understanding of individuals tagging of that page for their own use.http://www.vanderwal.net/random/entrysel.php?blog=1949

taking teh “Guesswork out of decisions” – Data mining (the analysis step of the “Knowledge Discovery in Databases” process, or KDD),[1] an interdisciplinary subfield of computer science,[2][3][4] is the computational process of discovering patterns in large data sets involving methods at the intersection of artificial intelligence, machine learning, statistics, and database systems.[2] The overall goal of the data mining process is to extract information from a data set and transform it into an understandable structure for further use http://en.wikipedia.org/wiki/Data_mining

11- Communication channels

Connected, Homes, Appliances, Autos, TVs – Internet of things’- communications between physical objects – the Internet of Things refers to a dramatic development in the internet’s function: the fact that, even more than among people, it now enables communication among physical objects- https://hbr.org/2013/05/how-the-internet-of-things-cha/

Accelerators and even other groups have a demo day with all the press hoopla and access to media that can propel a startup forward. Demo day gives the businesses Check out some of the best Demo presentations going back to 2004 http://www.demo.com/ehome/DEMO/alumni/demo-gods/